On August 6, 2021, BOE Technology Group Company Limited closed the transaction. The company has issued 3,650,377,019 shares at a price of CNY 5.57 per share for gross proceeds of CNY 20,332,599,995.83 in the transaction. The company has paid CNY 446,148,059.83 as sponsorship and underwriting fees, CNY 2,260,000 as legal fees, CNY 6,509,433.96 as audit and capital verification fees, CNY 1,966,981.13 as information disclosure fees, and CNY 6,208,120.90 as registration trust and issuance handling.

The company has received net proceeds of CNY 19,869,507,400 in the transaction. The transaction included participation from Beijing Jing Guorui State-owned Enterprise Reform and Development Fund for CNY 3,999,999,996.78, Wuhan Industrial Investment Development Group Co., Ltd. for CNY 499,999,995.42, J.P. Morgan Securities plc for CNY 500,199,997.41, JPMorgan Chase Bank, National Association for CNY 649,999,995.16, HwaBao Securities Co.,Ltd., Investment Arm for CNY 549,999,997.19, UBS AG, Investment Arm for CNY 538,399,998.74, Morgan Stanley & Co International Plc, Investment Arm for CNY 1,509,999,996.64, Qingdao City Construction Finance Holding Group Co., Ltd. for CNY 499,999,995.42, Perseverance Asset Management L.L.P. for CNY 599,999,998.96, China Merchants Securities Co. Ltd., Investment Arm for CNY 499,999,995.42, Hongta Securities Co., Ltd., Investment Arm for CNY 799,999,994.90, Sinatay Life Insurance Co., Ltd., Investment Arm for CNY 499,999,995.42, Yiwu Hexie Jinhong Equity Investment Partnership Enterprise (Limited Partnership), a fund managed by Xizang Jinhe Venture Capital Management Co., Ltd. for CNY 999,999,996.41, Shandong Haikong Equity Investment Fund Management Co., Ltd. for CNY 819,700,065.59, Dajia Asset Management Co., Ltd. for CNY 499,999,995.42, Caitong Fund Management Co., Ltd. for CNY 2,270,699,998.76, Fuqing Huirong Venture Capital Co., Ltd. for CNY 2,999,999,994.80, Ningbo Junji Equity Investment Partnership Enterprise (L.P.) for CNY 509,999,994.66, Shanghai Haitong Securities Asset Management Co., Ltd. for CNY 551,599,996.40, and GTJA Innovation Investment Co., Ltd. for CNY 531,999,996.33.

Shares subscribed by Beijing Jingguorui State-owned Enterprise Reform and Development Fund subject to lock-up for 18 months and other investors for 6 months. The shares were issued at premium to par value of CNY 1 per share. The outstanding shares increased from 34,798,398,763 A shares to 38,448,775,782 A shares.